TD Asset Management Inc Raises Stock Position in Lattice Semiconductor Corporation $LSCC

TD Asset Management Inc raised its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 5.7% during the second quarter, Holdings Channel reports. The firm owned 1,817,854 shares of the semiconductor company’s stock after buying an additional 97,610 shares during the quarter. TD Asset Management Inc’s holdings in Lattice Semiconductor were worth $89,057,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in LSCC. Price T Rowe Associates Inc. MD increased its position in Lattice Semiconductor by 24.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company’s stock valued at $409,139,000 after purchasing an additional 1,517,395 shares during the period. Invesco Ltd. increased its position in Lattice Semiconductor by 93.2% during the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company’s stock valued at $113,192,000 after purchasing an additional 1,040,804 shares during the period. Alliancebernstein L.P. increased its position in Lattice Semiconductor by 146.8% during the 1st quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company’s stock valued at $75,532,000 after purchasing an additional 856,568 shares during the period. Nuveen LLC purchased a new position in Lattice Semiconductor during the 1st quarter valued at $25,906,000. Finally, Wellington Management Group LLP increased its position in Lattice Semiconductor by 71.8% during the 1st quarter. Wellington Management Group LLP now owns 914,217 shares of the semiconductor company’s stock valued at $47,951,000 after purchasing an additional 382,106 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $71.00 on Wednesday. The stock has a market cap of $9.72 billion, a price-to-earnings ratio of 308.71, a PEG ratio of 5.44 and a beta of 1.66. The firm’s 50-day moving average is $67.50 and its 200 day moving average is $55.42. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $76.61.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $123.97 million for the quarter, compared to analysts’ expectations of $123.60 million. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. Lattice Semiconductor’s revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 EPS. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. On average, equities analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Analysts Set New Price Targets

LSCC has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Wednesday, October 8th. Needham & Company LLC upped their target price on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Monday, September 22nd. KeyCorp upped their target price on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Wall Street Zen downgraded shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, TD Cowen reduced their target price on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating on the stock in a research report on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.92.

Insider Buying and Selling

In other Lattice Semiconductor news, Director Robin Ann Abrams sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total transaction of $974,700.00. Following the transaction, the director owned 107,538 shares in the company, valued at approximately $6,987,819.24. This represents a 12.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Tonya Stevens sold 3,440 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $74.93, for a total transaction of $257,759.20. Following the transaction, the chief accounting officer owned 84,336 shares in the company, valued at $6,319,296.48. This represents a 3.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,844 shares of company stock worth $1,852,392 in the last quarter. Corporate insiders own 1.19% of the company’s stock.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.